Ann: Kleos Secures $12.6 million to Grow Constellation, page-2

Interesting that they raised less than last time.
It was less than 10 months ago that they raised $19m.
A slap in the face that they again raise at a discount and give 3 year options and yet offer nothing to retail shareholders. They couldn’t even bring themselves to offer a share purchase plan?
The cynic in me wonders if they’d prefer interested retail investors to reserve their cash for buying shares from the more sophisticated shareholders who got in at a discount. More brokerage fees to the largest shareholder I suppose?